Weekly Range Update

XBT/USD weekly range.forecast $725-$870 | daily moving average is bulllish and main support is at VWAP near $580. XBTUSD continues to stay all the time above the first positive deviation line of the VWAP, a bullish behaviour.

In case of a strong price correction i’m looking at the $580 support as an interesting buying zone where to further increase my long-term position; position with a size of 3 units (150 btc) at an average price of $549.